EXCLUSIVE: Care suppliers welcome additional funding

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Care suppliers have welcomed the Chancellor’s announcement last week of an additional £2bn for sector.

During his Spring Budget statement, Chancellor Philip Hammond also signalled there would be a Green Paper published on the long term funding of the sector later this year (see (see BREAKING NEWS: Chancellor provides £2bn additional social care funding).

Roy Edwards, global marketing director for NHG, said: “I was encouraged to see social care funding being given an airing in the Spring Budget. While the money ring-fenced realistically only represents about one third of what’s needed, at least, it should definitely go some way to managing real issues that we currently face.”

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Philip Scott, founder of camera surveillance technology company Care Protect, added:  “The £2bn of extra funding for the social care sector announced by the Chancellor is very welcome. It is how that money is spent that is crucial to the future of the industry, and the welfare of the vulnerable people who rely on it. We would encourage local authority commissioners to use such funds to incentivise care providers to adopt technologies that improve quality, transparency and safety of vulnerable people.”

Morten Mathiesen, CMO of digital care planning software company Sekoia, said the Chancellor’s announcement signalled a “somewhat brighter future for social care”.

Tony Stein, chief executive of consultancy Healthcare Management Solutions, said the extra funding was a “very welcome shot in the arm” which would provide “much needed assistance to local authorities facing a daily funding crisis”.

Activities charity Alive! said £2bn was a “drop in the ocean” compared the £5bn projected funding gap identified by analysts.

Alive! added:  “Alive! believes the funding of our social care system needs a radical rethink so that the mental, social and emotional needs of older people are met alongside their physical care, as well as to relieve pressure on the NHS.”

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